Lender profile · HMDA 2023–2025
Profed Credit Union mortgage approval rates & lending data
Profed Credit Union decided 576 mortgage applications and funded 385 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 94% | 363 / 387 | 80% | $225K | 289 |
| Cash-out refinance | 76% | 82 / 108 | 72% | $145K | 59 |
| Refinance | 73% | 33 / 45 | 64% | $205K | 21 |
Profed Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Indiana | 88% | $225K | 568 | 379 |
| Kentucky | 100% | $275K | 3 | 3 |
| Michigan | 100% | $145K | 3 | 2 |
| Ohio | 100% | $345K | 1 | 1 |
| Pennsylvania | 100% | — | 1 | 0 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.